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Understanding the Risks of Investing in Waste Connections Inc (WCN)

Waste Connections Inc’s recently made public that its Officer DARRELL CHAMBLISS acquired Company’s shares for reported $2.55 million on Mar 10 ’25. In the deal valued at $188.30 per share,13,566 shares were bought.

Then, PIO DOMENIC sold 10,000 shares, generating $1,926,358 in total proceeds. Upon selling the shares at $192.64, the SR VP Operations now owns 6,394 shares.

Before that, J M LITTLE & M L LITTLE CO-TTE bought 4,200 shares. Waste Connections Inc shares valued at $806,480 were divested by the Officer at a price of $192.02 per share.

Scotiabank initiated its Waste Connections Inc [WCN] rating to a Sector perform in a research note published on October 04, 2024; the price target was $196. A number of analysts have revised their coverage, including Deutsche Bank’s analysts, who began to cover the stock in late May with a ‘”a Buy”‘ rating. UBS revised its rating on February 29, 2024. It rated WCN as “a Neutral” which previously was an “a Buy”.

Price Performance Review of WCN

On Monday, Waste Connections Inc [NYSE:WCN] saw its stock fall -1.12% to $186.24. Over the last five days, the stock has lost -2.98%. Waste Connections Inc shares have risen nearly 8.54% since the year began. Nevertheless, the stocks have risen 10.83% over the past one year. While a 52-week high of $194.83 was reached on 03/03/25, a 52-week low of $160.34 was recorded on 01/03/25. SMA at 50 days reached $182.49, while 200 days put it at $180.12.

Levels Of Support And Resistance For WCN Stock

The 24-hour chart illustrates a support level at 184.68, which if violated will result in even more drops to 183.12. On the upside, there is a resistance level at 188.68. A further resistance level may holdings at 191.12. The Relative Strength Index (RSI) on the 14-day chart is 48.15, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.56, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 78.37%. Stochastics %K at 26.66% indicates the stock is a holding.

The most recent change occurred on November 27, 2023 when Wells Fargo began covering the stock and recommended ‘”an Overweight”‘ rating .

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